Resolution of Balance of Payments Crises : Emergency Financing and Debt Workouts

Ocampo, José Antonio (2015). Resolution of Balance of Payments Crises : Emergency Financing and Debt Workouts. UNU-WIDER.

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  • Sub-type Working paper
    Author Ocampo, José Antonio
    Title Resolution of Balance of Payments Crises : Emergency Financing and Debt Workouts
    Volume/Issue No. 11/1/2015
    Publication Date 2015
    Place of Publication Helsinki
    Publisher UNU-WIDER
    Pages 39
    Language eng
    Abstract

    This paper analyses the history and effectiveness of the two major mechanisms of resolution of balance of payments crisis. It argues that IMF lending has met its counter-cyclical objectives through history and has been improving in terms of providing adeq

    Keyword Balance of payments
    Debt relief
    International agencies
    Copyright Holder UNU-WIDER
    Copyright Year 2015
    Copyright type Fair use permitted
    ISSN 17987237
    ISBN 9789292308964
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    Created: Fri, 12 Feb 2016, 17:26:38 JST